Property Analysis For: 559 Gainsville Ave
Year123456789101112131415
Revenue
Rental Income12,42012,83013,25313,69114,14214,60915,09115,58916,10416,63517,18417,75118,33718,94219,567
Expenses (Recurring)
Mortgage Payment 6,9236,9236,9236,9236,9236,9236,9236,9236,9236,9236,9236,9236,9236,9236,923
Estimated Annual Property Taxes7277497717948188438688949219499771,0061,0371,0681,100
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,3228,3648,4078,4528,4988,5458,5948,6448,6958,7488,8038,8608,9188,9789,039
Annual Cash Flows 4,0984,4664,8465,2395,6456,0646,4986,9467,4087,8878,3818,8929,4199,96410,528
Expenses (Periodic)
Vacancy Costs99513530548566584604624644665687710733758783
Maintenance & Repairs09629941,0271,0611,0961,1321,1691,2081,2481,2891,3311,3751,4211,468
Tenant Placement Credit-51800000000000000
Tenant Placement/Lease Renewal Fees518200200570200200200650200200200740200200200
Total Expenses (Periodic)991,6751,7242,1451,8261,8801,9352,4422,0522,1132,1762,7812,3092,3782,450
Total Return On Investment
Acquisition Down Payment-30,425000000000000030,425
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,9992,7903,1223,0943,8184,1844,5624,5035,3565,7746,2056,1117,1107,5868,078
Tax Savings1,3941,3941,3941,3941,3941,3941,3941,3941,3941,3941,3941,3941,3941,394-13,011
Principal Paydown0000000000000025,047
Estimated Home Price Appreciation 00000000000000159,812
Total Selling, Holding & Closing Costs00000000000000-28,151
Total Capital In/Out-31,5324,1844,5164,4885,2125,5785,9565,8976,7507,1687,5997,5058,5048,980182,199
Total Return On Investment (IRR)23.04%
Returns are estimated and not guaranteed. Actual investment performance, including IRR, varies and cannot be precisely predicted. Assumptions should be independently assessed. There may be other additional costs.